Since the mid-1980s, the most disturbing development in the industrial sector in Nigeria is?

Assessment: JAMB UTME - Economics - 1993 Subject: Economics

Question 1 Report

Since the mid-1980s, the most disturbing development in the industrial sector in Nigeria is?
Answer Details
The most disturbing development in the industrial sector in Nigeria since the mid-1980s is the issue of capacity under-utilization. This refers to a situation where industries are not operating at their full capacity due to various factors, such as poor infrastructure, inadequate power supply, low demand, lack of access to credit facilities, and poor government policies. As a result, many industries have been forced to shut down or operate below their optimal levels, leading to a decline in industrial output and economic growth.

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